Tag #Retail

Showing 265 to 276 of 394 results

china.org.cn
🌐 75% Global Worthiness
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Shanghai Leads China's Debut Economy with 5,840 New Stores

Shanghai, a pioneer in China's debut economy, saw 5,840 first stores open between 2018 and 2023, showcasing the initiative's potential to boost consumer demand and reshape the retail market, as highlighted at the Central Economic Work Conference.

Progress

24% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 75% Global Worthiness
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Boxing Day 2024: Online Sales Surge as High Street Footfall Plummets

UK Boxing Day 2024 witnessed a 6.2% decrease in high street footfall and a 4.2% drop in shopping centre visits compared to 2023, while online spending is projected to reach \£4.6 billion, driven by extended sales periods and the rising popularity of online shopping.

Progress

12% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 75% Global Worthiness
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Australian Boxing Day Sales Surge to \$3.7 Billion Amidst Cost-of-Living Pressures

Fueled by cost-of-living pressures, Australians are projected to spend \$3.7 billion on Boxing Day sales and post-Christmas deals, a 2.7% increase from last year, resulting in a surge in retail activity but also a significant rise in waste from unwanted gifts.

Progress

36% Bias Score

Responsible Consumption and Production
zeit.de
🌐 75% Global Worthiness
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Disappointing Christmas Sales in Germany Amidst Economic Uncertainty

Germany's Christmas retail sales fell short of the projected \u20ac121 billion due to global political instability and economic uncertainty impacting consumer confidence, resulting in decreased spending, although the post-Christmas sales period offers some relief.

Progress

48% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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Party City to Close All Stores After Inventory Devaluation Triggers Bankruptcy

Party City, the largest US party supply retailer, is closing all 850 stores after a significantly lowered inventory valuation by Hilco Global triggered creditor demands it could not meet, culminating in a second bankruptcy filing despite a previous restructuring.

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Nordstrom to Go Private in \$4 Billion Deal

Nordstrom, facing declining sales and increased competition, will be acquired by its founding family and Mexican retailer Liverpool for nearly \$4 billion in cash, marking its exit from public markets after 54 years; the deal is expected to close in the first half of 2025.

Progress

40% Bias Score

Decent Work and Economic Growth
kathimerini.gr
🌐 85% Global Worthiness
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Gig Economy Expands into Retail: Flexibility and Risks

Gig economy apps like Young Ones and Temper are facilitating the shift to on-demand staffing in retail and restaurants, offering flexibility but raising concerns about worker rights and economic stability; almost 5 million people in the US declared platform-based income in 2023.

Progress

36% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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E-Mart and Alibaba Form Joint Venture to Expand Global Sales

South Korean discount chain E-Mart and Chinese e-commerce giant Alibaba will form a joint venture, Grand Opus Holding, launching in 2025 to expand global sales channels for South Korean sellers, leveraging E-Mart's distribution and Alibaba's e-commerce expertise; E-Mart's stock rose 5.45% on the new...

Progress

36% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Post-Christmas Sales Surge Amidst Retail Sector Instability

American holiday retail sales totaled between $979.5 billion and $989 billion in November and December, up 2.5% to 3.5% year-over-year; post-Christmas sales are now underway, offering deeper discounts than last year, yet store closures surged 69% year-over-year, amid looming tariff threats impacting...

Progress

32% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Montreal's Royalmount Mall Opens, Aiming for Carbon Neutrality

Montreal's new Royalmount shopping complex, a $7-billion privately financed project, opened its first phase, an 824,000-square-foot mall aiming for carbon neutrality through energy-efficient design, extensive green spaces, and water conservation measures, despite its location in a high-traffic area.

Progress

56% Bias Score

Sustainable Cities and Communities
edition.cnn.com
🌐 75% Global Worthiness
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Container Store Files for Bankruptcy Amid Retail Downturn

The Container Store, facing $230 million in debt and declining sales, filed for Chapter 11 bankruptcy protection on Sunday; the company plans to restructure and remain operational during a 35-day process, receiving $40 million in new financing.

Progress

40% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 75% Global Worthiness
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Nordstrom to Go Private in \$6.25 Billion Deal

Nordstrom, founded in 1901, will become a privately held company in a \$6.25 billion deal with the Nordstrom family (50.1%) and El Puerto de Liverpool (49.9%), closing in the first half of 2025; current shareholders will receive \$24.25 per share.

Progress

44% Bias Score

Decent Work and Economic Growth

Showing 265 to 276 of 394 results